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SEGMENT RESULTS
 6 Months Ended
Dec. 31, 2015
SEGMENT RESULTS [Abstract]  
SEGMENT RESULTS

NOTE 11. SEGMENT RESULTS

 

The Company operates through strategic business units that are aggregated into four reportable segments: Cleaning, Household, Lifestyle and International. As a result of Clorox Venezuela being reported as discontinued operations, the results of Clorox Venezuela are no longer included in the International reportable segment.

 

Certain non-allocated administrative costs, interest income, interest expense and various other non-operating income and expenses are reflected in Corporate. Corporate assets include cash and cash equivalents, property and equipment, other investments and deferred taxes.

 

The table below presents reportable segment information and a reconciliation of the segment information to the Company's consolidated net sales and earnings from continuing operations before income taxes, with amounts that are not allocated to the reportable segments reflected in Corporate.


 

    Net sales      
    Three Months Ended   Six Months Ended      
    12/31/2015   12/31/2014   12/31/2015   12/31/2014      
Cleaning   $ 457     $ 447     $ 954     $ 917    
Household     375       371       786       763    
Lifestyle     251       246       482       462    
International     262       281       513       555    
Corporate      -       -       -       -    
Total   $ 1,345     $ 1,345     $ 2,735     $ 2,697    
                                   
    Earnings (losses) from continuing operations before income taxes  
    Three Months Ended   Six Months Ended  
    12/31/2015   12/31/2014   12/31/2015   12/31/2014  
Cleaning   $ 123     $ 107     $ 272     $ 231    
Household     67       51       149       103    
Lifestyle     72       73       131       129    
International     22       24       54       50    
Corporate     (54 )     (58 )     (112 )     (98 )  
Total   $ 230     $ 197     $ 494     $ 415    

All intersegment sales are eliminated and are not included in the Company's reportable segments' net sales.

 

Net sales to the Company's largest customer, Wal-Mart Stores, Inc. and its affiliates, as a percentage of condensed consolidated net sales, were 26% for each of the three and six months ended December 31, 2015 and 2014.